Cost of Living in Monroe County, Georgia
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Monroe County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Monroe County ranks #2,240 of 3,142 counties for affordability (bottom 29%)
Sourced county brief
Monroe County Renter Median Income Reaches $53,009
In Monroe County, Georgia, the median renter-household income is $53,009. The official median gross rent as a percentage of household income (GRAPI) is 22.7%, which is 5.9 percentage points below the Georgia unweighted county mean official GRAPI of 28.6%. The median gross rent in the county is $943 per month, while the state unweighted county mean is $965. For homeowners, the median selected monthly owner cost for all owner-occupied units is $1,146, which is $241 above the Georgia unweighted county mean of $905. The median home value is $271,200, exceeding the state unweighted county mean of $197,933. These metrics are sourced from the U.S. Census Bureau ACS 2020-2024 5-Year Estimates and are reported on a 0-100 scale for percentages. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Monroe County
Affordability Verdict
ACS B25071 estimates median gross rent at 22.7% of renter household income in Monroe County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $943 per month; median selected monthly owner costs are $1,146. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $37,720 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Georgia unweighted mean of county median rents is $965 per month. Monroe County's $943 median is 2.3% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Monroe County
Rent Burden
13.6%
of gross income
Max Housing (28% Rule)
$1,941
per month
Owner Cost Burden
16.5%
of gross income
The median home in Monroe County may be a stretch
Median home value is $271,200. Estimated monthly cost: $2,165 vs. your max of $1,941.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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